| We at iFastPay are not
re-inventing the wheel. However our next generation retail service
technology is here! Our founder has been a retail grocer for
twenty years and has long noted a need for a superior method
to deliver financial services to the consumer. Recognizing
that a convenient, new method is needed at grocery markets, liquor stores,
and convenience stores and could easily be adapted for use
at multiple types of other retailers.
Millions and millions of people currently patronize liquor
stores and convenience shops and other similar retailers
to buy money orders to pay their regular bills the old fashioned
way. iFastPay allows the client to cash their check, pay bills,
wire money to family members across the country and globally,
in addition to a host of proposed services utilizing iFastPay’s
robust state of the art platform. The user-friendly process
is easy as 1.2.3 Utilizing our Patent Pending approach. The
client is provided with a pin-based VISA or MASTERCARD ATM/pre-paid
debit card. The client is able to conduct all services utilizing
the card (Patent-Pending) never requiring a payment voucher
or having to fill out a form to conduct a money transfer.
The ATM card can also be used at regular ATM machines, markets,
gas stations, or anywhere VISA or MASTERCARD are accepted.
The iFastPay platform takes a non-proprietary service that
is currently a proven method of utilization in various industries,
and makes it available in a proprietary (Patented and Patent
Pending) medium, as one easy source on a mass market basis,
through a non-instrumentalized technology catering to the
under-served, “unbanked” market.
This service comes in a combined package that is easy to
use and readily accessible. The different services offered are: cash-advance,
check cashing, money transfers, money-orders, phone cards,
and bill pay service, as well as the ability to provide a
host of related and un-related services. Our fully automated
self service financial kiosks and our desktop full-service
kiosks currently provide check cashing, bill payment, and
money transfers. iFastPay’s convenient, accessible,
state of the art technology products and services can be easily
accessible globally, not just on a national level!
Conclusion
iFastPay has a promising future ahead of it. The company has positioned itself as an innovator from the start and
the architecture serves as a one-stop shop, enabling it to evolve
and develop with the market. The iFastPay platform enables clients
to increase their customer satisfaction and retention in several
ways. In the PC/kiosk environment, clients can offer more services
to their customers and increase convenience by making these
services available 24 hours a day. Many of these services, such
as check cashing, are only available in a teller environment
today. Customers can now perform these transactions in a private,
secure, full and self-service environment. Infrastructure
and Resources
Headquartered in San Diego, the company is rapidly
increasing its work force positioning its self as a premier
leader in the Unbanked Financial Solutions industry. |